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Comment on AMCs Billing Scheme, Hidden Profits & Deceptive Practices by Baggins

Appraisers Blog

’ Exactly why does the appraisers fee, which is independent of the amc total ‘appraisal services fee’, get to be disclosed as co mingled with the amc fee as one lump sum fee? In reply to Russell. Please allow me to introduce you to the concept of consumer protection. ‘The fees pertaining to the loan.’

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No Marketability Discounts or Discounts for Illiquidity for Controlling Interests of Companies

Chris Mercer

Indeed, it is embedded in the pricing information from this market, which often forms they basis of comparison in valuing a subject interest.” (P. ” The International Valuation Glossary – Business Valuation (“the Glossary”) provides definitions of liquidity and marketability and their related discounts.

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The Difference Makers: Key Person(s) Valuation

Musings on Markets

Key Person(s): Pricing effects It is true that markets are pricing mechanisms, not instruments for reflecting value, at least in the short term, and it should come as no surprise then that the effects of a key person are captured in pricing premiums or discounts, sometime arbitrary, and sometimes based upon data.

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Deja Vu #11: Can Restricted Stock Studies Be Used to Estimate DLOMs for Dividend-Paying Companies?

Chris Mercer

Were also bigger and had higher market capitalizations and better operating performance, on average. The expectation of larger future dividends relative to smaller future dividends would mitigate the marketability discount for the higher dividend-paying investment. This is just common sense. Refer to the initial figure.

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Data Update 2 for 2023: A Rocky Year for Equities!

Musings on Markets

No matter how you slice it, there is no denying that 2022 was the worst year for US equity investors since 2008, and the magnitude of the damage is even more staggering, if you consider it in market value terms. trillion in market capitalization, but for balance, it is also worth noting that US equities are still holding on to a gain of $6.9

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Invisible, yet Invaluable: Valuing Intangibles in the Birkenstock IPO!

Musings on Markets

The resulting debate among accountants about how to bring intangibles on to the books has spilled over into valuation practice, and many appraisers and analysts are wrongly, in my view, letting the accounting debate affect how they value companies. Since Birkenstock generated revenues of $1.4

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SWS Group: The Breakdown

Appraisal Rights

Further to our prior post about Delaware’s two new appraisal decisions, SWS Group was a small, struggling bank holding company that merged on January 1, 2015 into one of its own substantial creditors, Hilltop Holdings. Stockholders of SWS received a mix of cash and Hilltop stock worth $6.92 at closing. below the merger price.

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